Stock Market Today, Nov. 13: Nu Holdings Surges on Record Q3 Earnings Beat Driven by Strong Revenue
Today, Nov. 13, 2026, investors are weighing Mexico's new bank debut and Colombia's growth as the stock's post-earnings momentum continues.
On November 13, Nu Holdings (NU) made a significant move in the stock market, surging by 11.75% to close at $13.21. This surge was driven by the company's record Q3 earnings, which exceeded market forecasts and impressed investors with its robust growth and efficiency. The trading volume for Nu Holdings reached 143.2 million shares, which was approximately 74% higher than its three-month average of 82.1 million shares. Since its IPO in 2021, Nu Holdings has grown by 28%.
Despite missing Wall Street's earnings and revenue targets, the market remained focused on Nu's ambitious growth plans, particularly the launch of Nubank in the United States. CEO David Vélez emphasized the broad appeal of Nubank's fee-free services and mobile applications. This positive market sentiment extended to other digital banking and consumer finance technology peers, with MercadoLibre (MELI) and PayPal Holdings (PYPL) also posting gains of 1.11% and 1.65%, respectively.
The broader market, however, showed a more subdued performance, with the S&P 500 closing at 7,561, down 0.41%, and the Nasdaq Composite at 25,139, down 0.90%. As investors weighed the strength of fintech earnings against a softer market, Nu Holdings' strong performance stood out, catching the attention of traders and analysts alike.
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